GBPUSD remains the main focus GBPUSD The GBPUSD could not move below the 100 bar MA on the 5-minute chart and extended up to the 200 day MA at 1.4690. The prior resistance was 1.4666. Since breaking the price remains above that level...
That was quick The GBPUSD is testing the topside target outlined as an extreme level. That area comes in at 1.4633-1.4666. The level corresponds with swing highs (see green circles in the chart below) - the most recent earlier this month (see daily chart...
The main event this week will be the long awaited UK’s EU referendum. Considered by many to not only be the single biggest trading event this year but potentially the biggest planned risk event ever, Thursday is set to be a historic day and the referendum a once in a lifetime trading opportunity...
Let's study about trading method of FX...
EUR/USD wobbled on the market mood, suffering from the changing sentiment regarding the British EU Referendum. Apart from the event itself, we have key German surveys and PMIs. Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD...
The markets are closed but pollsters don’t rest. Figures released by various companies shower a tighter race...
USD/CAD reversed directions and lost ground 110 points last week. The pair closed the week slightly below the 1.29 line. This week’s key event is Core Retail Sales. Here is an outlook on the major market-movers and an updated technical analysis for USD/CAD...
The New Zealand dollar enjoyed good data coming out of the country but was limited by some risk-off sentiment related to Britain’s EU Referendum. The upcoming week features 3 local events and the big Brexit decision...
AUD/USD ended last week almost unchanged, closing at 0.7366. This week’s highlight is Unemployment Change. Here is an outlook on the major market-movers and an updated technical analysis for AUD/USD. Australian Employment Change posted strong gains and beat expectations...
GBPUSD extends to new highs. A week ago, there was a poll that sent the GBPUSD racing lower by 172 pips in 15 minutes. It looked like this.... That can wreak havoc with your trading and your P/L...
Sneaks a peak above The GBPUSD has reached the 200 hour MA and snuck-a-peek above at the 1.43142 level. The high reached 1.43186 and currently trades at 1.4306. There are additional overhead levels against the 1.4335 dn 1.4349 where the 50% and the 100 day MA are found...
200 hour and 200 bar MA on 4-hour at the same area The EURUSD has extended up to the targets resistance ag. the 200 bar MAs defined by the 200 hour MA and the 200 bar MA on the 4-hour chart. Earlier in the US session , the 100 bar combo (hourly and 4-hour) held...
Moves away from 100 hour MA/Below 50% The USDCAD has moved to new session lows. The price of oil is on the rebound moving up from below $46 earlier today. The price is currently trading at $47.18 Looking at the hourly chart, the price sits between the pairs 100 and 200 hour MAs at 1.2887 and 1...
All eyes are open but... In golf they talk about being committed to the swing. In trading? Do you have a conviction. Adam speaks a lot about fundamental convictions. In fact, he will be speaking fundamentals at the ACT traders course starting on June 24...
The main highlight today will be Canadian CPI data for the month of May, released later in today’s New York Session. Headline CPI m/m is expected to increase to 0.5% from a prior 0.3%, however headline CPI y/y is expected to decline to 1.6% from 1.7%. Core CPI is expected to increase to 0...
Forex performance table shows the strength or weakness of a currency, gold and silver against US dollar. Find information expressed in pips change and percentage change...
